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20130129
20130206
Search Results 0 to 9 of about 10 (some duplicates have been removed)
the a tell you what it means for your wallet and the economy. and for some the super bowl is nothing but filler between those often-times hysterical commercials. jon: love them. jenna: we have a sneak peak at madison avenue's finest. it's all "happening now." take a look at unemployment rate, the new one that we got today i think it's going in the wrong direction. the news not all bad, not all good, we'll work through it for you everybody. glad to have you with us on friday. i'm jenna lee. jon: i'm glad it's friday. i'm jon scott. employers adding $157,000 jobs in january continuing the slow pace of job growth we have seen in recent months and years. it didn't make a dent in the unemployment rate. in fact the nation's jobless rate rising in january to 7.9%, clearly not good news. that doesn't seem to be phasing wall street, though. take a look at the dow, up more than 130 points, and approaching 14,000. senior white house foreign affairs correspondent wednesday algoler joins us live. >> reporter: as one analyst put it the top line is not so good but the bottom line is really not so b
street comes amid disappointing economic news. the u.s. economy slowing signs of slowing down. the government says the economy sharply contracted in the fourth quarter of 2012 growing at only one tent of tenth. they say it is heading to greece on steroids. what is about this last quarter, steve, what caused the shrinkage. >> wall street is doing great, main street isn't doing so well. this new report suggests that this economy still has not really fully recovered from the financial crisis four years ago, in fact the thing that is really disturbing here, jon is the economy has been slowing down over the last six months or so. it's not gaining momentum as you would expect. and so the numbers are just very troubling. the biggest decline, by the way, was in defense spending. the private sector gdp was up a bit, not much about 1.5%. jon: a lot of people who constantly look to cut the defense budget, cut defense spending, chop out this program or that program, this is a cautionary tale. >> look i actually think cutting government spending is good for the economy because it frees up
to get away from countries where the government dominates the economy. that is not the direction for us to go. we have a good argument to make to people trying to make it, that big government crushes the middle class. it doesn't help the middle class. jon: as you know the president was reelected on an agenda that seems to include more government intervention in the economy. more regulations? >> well the president, let me tell you this. i bet the president wouldn't give his inaugural speech before the election. i bet he wouldn't say some of the things he said in the inauguration before the voting took place. the bottom line for the last 4 1/2 years the president tried to portray himself as a centrist who believes government should be limited. now he won the second and final re-election he no longer pretends to believe that he unabashed believer that more government is right answer. i look forward to the debate. i don't think that is one he can win. he doesn't have history on his side. he doesn't have economics on his side. we're beginning to see proof in the last three months of last yea
in chinese cyber attacks a threat to the u.s. and its economy. the moves come after "the washington post", "the new york times" and "the wall street journal" announced recent attacks on their computer systems suspected of original senating from china. social media site twitter as you say said friday dreamly sophisticated hackers from an unidentified source may have stolen the user names, e-mail addresses and passwords of 250,000 customers. now the u.s. has made little progress in negotiations with the chinese to stop this kind of hacking. now the u.s. is considering new economic and diplomatic steps to prevent it and according to "the financial times", more information-sharing between washington and private companies to protect critical systems and infrastructure like power grids and communications systems. >> we, you know, have had and been very clear about our substantial and growing concerns about the threats of economic to economic national security posed by cyber intrusions including the theft of commercial information. we have been clear with the government of china we need to cont
for operating funds for the government this year but also on what to do about the economy pause the sequestered cuts, both sides agree, would definitely affect growth at a time when the economy doesn't look like it can handle that. jon: he be the first post-partisan president, yet you say that in the state of the union, i'm sorry in his inaugural address, he incident -- didn't exactly hold out olive branches to rerepublicans. >> no, he did not. his inaugural address was a landmark speech about equality and was lauded by many people for that but it did not reach out to the republicans or really talk about the need for a solution to our fiscal crisis and coming together on these your gent matters -- urgent matters he knows he need to work with republicans on to secure a legacy for himself as president in the second term. i think in the state of the union address which is a week from today we'll be looking to see what the president does in terms of talking about bridging the divide and what he is willing to do to go to the middle on and sacrifice political pain for in order to get some concession
Search Results 0 to 9 of about 10 (some duplicates have been removed)